Sign of Economic Apocalypse #6 - Starbucks closing 600 shops

(AP) SEATTLE — Starbucks Corp. said Tuesday it will close 600 stores in the United States in the next year and cut back the number of new stores it had planned to open.
Starbucks said 70 percent of the stores slated to be closed had opened since the start of the 2006 fiscal year. The total includes 100 previously announced store closures.

The company expects charges between $328 million and $348 million related to the closures, including a charge of $200 million in the third quarter.

Doesn't this company know anything? When times are tough, just make smaller cups and redesign your coffee blends. Focus on hyperlocal drinks and let customers come in and whip up their own favorite recipies. Give away free coffee on the internet, then drop everyone's healthcare coverage.

Doesn't this company know anything? When times are tough, just make smaller cups and redesign your coffee blends. Focus on hyperlocal drinks and let customers come in and whip up their own favorite recipies. Give away free coffee on the internet, then drop everyone's healthcare coverage.